Reporter: Move over black friday. Tomorrow is saturday, the launch of the most anticipated collaboration of the year. Just for in time for the holidays, limited-edition items from the queens and kings of fashion. Mark jacobs, diane von furstenberg and others will go for sale at target and neiman marcus stores and online. These sweaters for $69.99. And these fun accessories from carolina herrera. Herrera, who has dressed american royalty, designs wares that traditionally go for thousands of dollars. And check out this handbag for $59.99. The master designer's accessories can go for 50-times that amount. This is just target's latest dance with high-end designers. Last year, the retail giant's so much buzz, the website crashed. There will be enough product. Reporter: A preview of the sale took place yesterday at a manhattan pop-up shop. Some shoppers waited for hours in freezing temperatures to peruse the wares. I want the marc jacobs clutches. And cookie cutters. Reporter: What's exciting about this collaboration, it alows designers to do something they're not accustomed to. They're selling a bike. Who knew? I said what about taking one of our prints and doing it on a bike? It's this crazy, floral fun. Reporter: Shoppers we spoke with agreed. 'Tis the season to delight in designer duds at discount prices. We love collaboration sales. Reporter: For "good morning america," bianna golodryga, abc news, new york. Gorgeous. We want to thank our friends at target for sending us all a little holiday cheer. These gifts were chosen with each of you in mind. So, go ahead and open them. And I'm going to tell everybody, these are some of the things you can buy in this incredible collaboration with neiman marcus. Josh, a skateboard by derek lamm, which I'm sure will get used. Sam, you have an ipad case, by a very famous designer. Amy, you have beautiful ornaments. And, george -- what is that? An eddie borgo letter opener. And this is alex and olivia. You got luggage. That's so weird. I did not pick these out. Oh, look. Lara got the biggest present. She got luggage. And I got the roller -- skateboard. George got a weapon. George is armed. Amy, I like your ornaments. Thank you. They're going to look lovely on my tree. Check it out. Thank you so much to target. It's a wonderful collaboration.

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